PBOC says will continue with supportive monetary policy ...Middle East

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PBOC says will continue with supportive monetary policy
source : forex live ( Middle East ) () 31
To increase monetary policy regulationTo increase precision of monetary policyWill maintain reasonably ample liquidity conditionsTo maintain yuan exchange rate basically stable at a reasonably equilibrium levelWill continue to enrich monetary policy toolkit to improve efficient use of fundsThere isn't anything new there in the language since their shift from more "prudent" monetary policy to now being more "supportive". This article was written by Justin Low at www.forexlive.com.

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